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Thursday, March 7, 1974
Similar Premises
'A'
'B!
(1) Fair Market Rent
(ii) Current Rent
$1,000 $1,000 $1,000
$800
$650
$450
Difference (i - ii)
$200
$350
$550
Difference divided by
$40
$70
$110*
Factor of 5
(a 5% (a 10%
increase) increase)
(*In this case
(i.o. the Increase in
rent allowed)
as $110 exceeds
21% of $450 the amount of increase cortified would be $99)
Note to Editors:
MEET THE MEDIA
Mr. Roy Porter, Director of Oil Supplies,
will be guest speaker at a Meet The Media
session at 11 a.m. tomorrow (Friday).
The meeting will be held in the 35 mm theatre
of the Government Information Services, 5th floor.
You are invited to have it covered.
Television crews are requested to set up their
equipment before the start of the meeting.
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